|Publication type:||Conference other|
|Type of review:||Not specified|
|Title:||Enforcement of european competition policy : impact on competition and efficiency|
|Authors:||Günster, Andrea Maria|
|Conference details:||Jahrestagung 2013 des Vereins für Socialpolitik, Düsseldorf, Deutschland, 4.-7. September 2013|
|Subject (DDC):||341: Law of nations and European law|
|Abstract:||The study analyzes the impact of European antitrust enforcement on industry performance measured as competition intensity (Price Cost Margin) and productivity (labor productivity and distance to the frontier). For a panel of OECD countries on the industry level since 1988, we estimate the impact of an infringement decision by the European Commission on the competitive market structure. We find that enforcement has a considerable effect, both on competition intensity and on productivity. However, the impact differs with the anticompetitive economic conduct. Cartels behave as theoretically predicted with an increase in competition and productivity after the cartel break-up. The impact of vertical conduct is more complex, with positive and negative efficiency effects of antitrust enforcement depending on the exclusivity of the vertical restraint.|
|Fulltext version:||Published version|
|License (according to publishing contract):||Licence according to publishing contract|
|Departement:||School of Management and Law|
|Organisational Unit:||Center for Economic Policy (FWP)|
|Appears in collections:||Publikationen School of Management and Law|
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